Sewol operator CEO gets 10 year prison sentence

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Sewol operator CEO gets 10 year prison sentence

November 20, 2014—South Korea’s Gwangju District Court has imposed a 10 year prison sentence on Kim Han-Sik, CEO of Chonghaejin Marine Co., the operator of the ferry Sewol, which sank April 16 with the loss of more than 300 lives. Yonhap news agency reports that Kim was found guilty of involuntary manslaughter, violating the law on safe maritime navigation, embezzling company funds and taking kickbacks worth tens of millions of won from subcontractors. “Kim remodeled the ship and overloaded it with cargo in an effort to overcome the company’s deficits despite being briefed that the ship’s ability to balance itself was compromised,” Judge Yim Jung-yeob said in his ruling.

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